Veo, a micromobility company based in Chicago, has launched its North American Class 2 e-bike with throttle assist in five locations in the U.S., two of which are in Alabama.
The Veo’s Cosmo-e will be available in Birmingham and on the University of Alabama campus in Tuscaloosa, as well as in Seattle, Washington; Santa Monica, California; and Syracuse, New York.
Over the past two years, the e-bike market has expanded by more than 25% year-over-year, according to the company’s release.
The Cosmo-e is designed with both a throttle-assist motor and pedals to accommodate riders of all body types and physical abilities. Unlike privately owned e-bikes, the Cosmo-e has a maximum speed of 15 miles per hour and responds to local geofenced regulations for slow and no-ride zones.
The bike comes equipped with a low seat and center of gravity, 18-inch alloy wheels, active brake lights and glow-in-the-dark painted decals, swappable battery system for ease of replacement and VeoVoice, an on-vehicle audible feature that alerts riders when entering slow-ride or no-ride zones.
“Pedal-assist e-bikes made bicycling more accessible and popular. But there’s still an opportunity to get more people riding,” said Edwin Tan, Veo co-founder and president. “Our throttle-assist bikes receive four times as many rides per day as our pedal-assist bikes, showing that the throttle-assist is used by more riders and can therefore help cities reach their clean transportation goals faster.”
Veo was founded in 2017 and designs and manufactures its vehicles in-house. It also controls its entire supply chain process, from design to fabrication to assembly, to ensure quality and safety. The company currently offers six vehicle types in markets across the U.S. and plans to expand its portfolio in 2022, including bringing the Cosmo-e to Los Angeles, California, and Champaign, Illinois, in the spring.